|Estimated/Actual Value Description:||Total amount of award includes the following:|
Repair and maintenance services during normal business hours Monday - Friday - 60 hours estimated annually x $142.60 per hour = $8,556.00.
Repair and maintenance services after normal business hours Monday - Friday and on Saturdays - 20 hours estimated annually x $189.20 per hour = $3784.00.
Repair and maintenance services on Sundays and holidays - 20 hours estimated annually x $214.94 per hour = $4,298.80.
Estimated cost of parts, materials and supplies used annually = $5,000.00.
Estimated annual total = $21,638.80.
Initial three (3) year term - $21,638.80 x 3 years = $64,916.40. Option of two 1-year renewals of $21,638.80* each = $43,277.60.
*NOTE: Possible increases will be determined based on current prevailing wage rates at the time of each renewal term.
Initial term $64,916.40 + renewal terms $43,277.60 = $108,194.00 total contract award.